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Cutting 7% staff out of 1000 ... But then it goes on and says "WeWork said it hired 175 people in May and expects to add about 500 employees by the end of the
by justsaysmthng 10y ago
Cutting 7% staff out of 1000 ...
But then it goes on and says
"WeWork said it hired 175 people in May and expects to add about 500 employees by the end of the year. The company said it expects to lift the pause on hiring as soon as next week."
What kind of information should I synthesize from this ? Is it bad is it good or is it both at the same time ?
In fact, why did I just waste x minutes of my life reading this piece of malreported doublethink-provoking article ?
My prayers go to the ad blockers ..
- ryanbrunner 10y agoI mean, if WeWork is both expanding into new offices and realizing their current offices are grossly overstaffed, it's completely reasonable to be both hiring a lot and firing a lot. The pause could just be a breather to see if the new staffing model makes sense. Office staff isn't generally fungible between cities or even locations within a city sometimes.